NewRiver REIT (GB:NRR) has released an update.
NewRiver REIT PLC has disclosed a series of transactions where directors and senior managers have collectively subscribed for 391,448 Ordinary Shares following a recent cash placement. The shares were acquired at a price of 80p each on the London Stock Exchange, with notable subscriptions by Chair Lynn Fordham and CEO Allan Lockhart among others. This move aligns management’s interests with those of shareholders and may signal confidence in the company’s future.
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